|
REPORT DIGEST
SOUTHWESTERN ILLINOIS
DEVELOPMENT AUTHORITY
SPECIAL LIMITED SCOPE COMPLIANCE EXAMINATION For the Two Years Ended: June 30, 2006 Summary of Findings: Total this audit 0 Total last audit 0 Repeated from last audit 0 Release Date: April 19, 2007
Sate of Illinois Office of the Auditor General WILLIAM G. HOLLAND AUDITOR GENERAL
To obtain a copy of the
Report contact: Office of the Auditor
General Iles Park Plaza 740 E. Ash Street Springfield, IL 62703 (217) 782-6046 or TTY (888) 261-2887 This Report Digest and Full
Report are also available on The worldwide web at |
INTRODUCTION The Illinois General Assembly made appropriations to the Southwestern Illinois Development Authority to replenish draws on the debt service reserve fund backing bonds issued on behalf of Spectrulite Consortium Inc., Waste Recovery – Illinois, and Alton Center Business Park. Expenditures from these appropriations totaled $2,004,824 in Fiscal Year 2006 and $2,064,700 in Fiscal Year 2005. Our special limited scope compliance examination was limited to these State appropriations and related payments as authorized by the Illinois State Auditing Act (30 ILCS 5/3-1(a)).
FINDINGS, CONCLUSIONS, AND
RECOMMENDATIONS
There were no material findings of noncompliance disclosed during our examination testing. AUDITORS’ OPINION
We conducted a special limited scope compliance examination of appropriations made by the General Assembly to the Authority and related expenditures as authorized by the Illinois State Auditing Act. ____________________________________ WILLIAM G. HOLLAND, Auditor General WGH:lkw AUDITORS ASSIGNED This examination was conducted by staff of the Office of the Auditor General. |
